The question that must be answered is if a private credit union fails, where does the responsibility lie?
Editor's note · Context
Carney raises concerns about accountability in the event of private credit union failures.
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So what happens if all of a sudden the red block in the new system goes away?
I have joined with Congressman Grimm, Congressman Cedric Richmond of New Orleans, and 131 other Members of Congress in introducing bipartisan legislation that would delay many premium increases for 4 years.
No, I just want to thank Mr. Duffy for working with us--for giving me the opportunity to work with him, I should say, and any advice that you can provide for us, we want to try to get it right. The idea is to do a pilot. You all mentioned that and see what might happen.
It is important for us to monitor as we go, and hear from the market and make sure that we are actually addressing this problem appropriately.





